February 28, 2017

Pension-cutting bill still looms

Senate Bill 16, which would cut the pension benefits of employees in SERS and SURS, failed on the Senate floor on February 28 by a vote of 26-27-2 and was put on postponed consideration. It is likely to be considered again. 

SB 16 is a new version of the previous SB 11. It would require employees who participate in the State Employees Retirement System and State University Retirement System to select between two options:

Regardless of the option employees choose, they would receive a much smaller pension benefit during the course of their retirement compared to benefit they were promised.


Call the AFSCME hotline at 888-912-5959 and urge your senator to protect public employee pensions!

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